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Jan 24, 2013
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. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging speculation, which is almost all done with borrowed money. they effectively borrow money at a rate of 30 to 1. you put 3% down and borrow the rest of the money. i don't see how this hurts the economy. and if we reduce this volatility and reduce market distortion, we can get back to having a market focused on investments that create production in the future and wealth in the future, not creaming the market today through speculation. >> quickly, you think this is something congress could embrace? >> not probably in this congress in the house, but i think this is an
. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging...
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Jan 24, 2013
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and the president wants to increase taxes to continue the spending. >> these democrats are going to spend us right into bankruptcy. they're not serious about getting things under control and stopping the spending. >> the white house is so unserious about cutting spending. >> none of that is true. i mean, to the extent that true means attached to facts. here is spending under bush. here is spending under clinton. here is how spending has dropped under president obama. these guys were not mad about george w. bush's big spike in spending, buzz they have decided to get really mad at the guy who is fixing that, and that anger is weird enough on its own terms. it's weird enough that this republican analysis of this problem is so divorced from reality. but what today's news reminded us is it's not just the analysis that is weird, it's also the purpose of the analysis, what they are using this cockamamy backwards analysis to justify that is really deeply strange. for decades, raising the debt ceiling was something that congress has been willing to do. since the presidency of fdr, congress has rou
and the president wants to increase taxes to continue the spending. >> these democrats are going to spend us right into bankruptcy. they're not serious about getting things under control and stopping the spending. >> the white house is so unserious about cutting spending. >> none of that is true. i mean, to the extent that true means attached to facts. here is spending under bush. here is spending under clinton. here is how spending has dropped under president obama. these...
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Jan 24, 2013
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criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. so will bounty select-a-size. it's the smaller powerful sheet. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less, with bounty select-a-size. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adj
criminals don't pay income taxes either, does that mean nra members should not pay income taxes because criminals don't? crazy wayne doesn't realize the more he compares the nra members to criminals, the more clear it becomes that he actually is washington's chief lobbyist for criminals. and his manipulation of justice hugo black's quote last night, in his speech, to try to make it appear that justice black agreed with wayne lapierre, in any way, that was a crime against history. hey! did you...
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Jan 24, 2013
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on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even higher. so the republicans are delusional to be saying that the issue is just a matter of reaching out or modernizing technology and that their principles are sound. it's their principles and policies that were rejected by the voters and that continues. and you're right, too, to point to that symbolism of that awful chair. i mean, that was the worst moment of a terrible convention. >> in the chair of the gop's office. what could you be thinking about? >> right, a cranky old man lecturing our first african american president in prime time in tampa helped take the party down. but while mr
on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even...
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Jan 24, 2013
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lapierre says the only intention behind any legislation is to either tax the weapon or take it. that's what he says. >> well, that's what he says, but that's because what he's trying to do is spin his constituency, his membership, into believing false positives. 74% of nra members believe there should be background checks just like we expect everybody that is behind the wheel of a car to have a driver's license and make sure they're tested and they're driving responsibly. the same thing should be happening with whether or not you're a gun owner. i think that's perfectly responsible. >> and you're making perfect sense, maria teresa. hogan, the vice president spoke with guns on the internet. he said something interesting about the ban on assault weapons versus the ban on high capacity ammunition magazines. take a listen. >> i'm much less concerned, quite frankly, about what you call an assault weapon than i am about magazines and the number of rounds that can be held in a magazine. >> hogan, given the resistance to the idea of an assault weapons ban, do you think the chances are b
lapierre says the only intention behind any legislation is to either tax the weapon or take it. that's what he says. >> well, that's what he says, but that's because what he's trying to do is spin his constituency, his membership, into believing false positives. 74% of nra members believe there should be background checks just like we expect everybody that is behind the wheel of a car to have a driver's license and make sure they're tested and they're driving responsibly. the same thing...
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Jan 24, 2013
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modern-day republicans, which is to say neanderthal republicans, who will under no circumstances raise taxes or include spending on anything, except of course, when they increase spending on things that they like. crazy wayne quoted only one person to support his defense of absolutism. a supreme court justice. no, not anton scalia, the most conservative member of the court, because justice scalia disagrees with lapierre on the second amendment. he does not believe that the right to bear arms is absolute. >> what limitations on the right to keep and bear arms are permissible. some are, because there were some that were acknowledged at the time. >> no, there is nothing any current member of the supreme court has said that could help crazy wayne make his case last night. and so he reached all the way back to a supreme court justice who died 41 years ago, and was a liberal member of the supreme court, who if he were alive today would be a solid vote for gun control on the supreme court. >> don't take it from me, take it from former democratic u.s. senator, and u.s. supreme court justice hugo bla
modern-day republicans, which is to say neanderthal republicans, who will under no circumstances raise taxes or include spending on anything, except of course, when they increase spending on things that they like. crazy wayne quoted only one person to support his defense of absolutism. a supreme court justice. no, not anton scalia, the most conservative member of the court, because justice scalia disagrees with lapierre on the second amendment. he does not believe that the right to bear arms is...